Adjusting My Trading Strategy

And learning from my mistakes... [AlphaShark logo]( Hey Trader, After the crazy start to the trading week that followed the double collapse of Silicon Valley Bank and Signature Bank, the market is well on its way to recovery. I mentioned yesterday that the Fed stepping in to protect the banks’ customers has brought hope to investors… Mostly hope that the Fed will stop increasing interest rates so aggressively. But the truth is, I wouldn’t hold my breath waiting for that. The Consumer Price Index (CPI) data that came out today was right where we expected… That means the Fed still has their work cut out for them if they want to bring down inflation. So, all in all, what does all this mean? Well, volatility isn’t showing any sign of slowing… And trying to predict these massive market swings is not the business I want to be in. No, I’ve learned my lesson before about trying to outsmart the market. Therefore, I’m adjusting my trading strategy even further. Learning from your mistakes is the absolute best thing you can do for yourself. So, the biggest change I’m making is using a 50% Stop Loss on ALL TRADES going forward. If I had utilized this approach at the beginning of the year, my profit/loss would be dramatically more positive. But that’s okay because I’m learning from my mistakes… And you should too. I’m also only interested in taking signals that I believe come from institutional traders. Sometimes the scanners pick up smaller signals that fit almost all the criteria, but something about the size of the orders isn’t quite right. Even if the stock has traded hundreds of thousands of shares, but the orders are relatively small, this means that a lot of different traders are buying into this trade… It could have been a trade recommended by another guru… who knows? But these are not the signals I want to take. I’m only interested in taking signals with HUGE orders… Hundreds of thousands of shares in ONE trade. That tells me that an institution most likely bought these. Hedge funds, Wall Street elites, institutions like those are where the smart money is… Not that other gurus aren’t smart, some of them are… But nobody is smarter than the smartest money out there. The biggest and best traders are the only ones worth following. And that’s exactly what I do with the scanners. So, trade smarter, learn from your mistakes, and take profits on your positions when you get them. I’ll be doing all of these things every morning in the Trade Room… Hope to see you in there. Til next time. Regards, Andrew Keene [unsubscribe]( “[AlphaShark.com]( ("AlphaShark" or "AlphaShark Trading") is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of AlphaShark are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any individual, group, or entity will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Visit our website below to read the full disclaimer. [( 301 SW 1st Avenue, Unit 3113, Fort Lauderdale, FL 33301, US If you wish to stop receiving our emails or change your subscription options, please [manage your subscription](.